Re: CUU Booth at the Conference
posted on
Jan 23, 2014 01:13AM
Hi Babybreeze, I am one of those people who is under water as well. I am glad that our forum is big enough to accommodate multiple broad perspectives on the status and trajectory of our company. I am feeling pretty bullish on CUU as TECK has spent 35 million on Schaft this year. Why would they spend this much if they were not planning to buy us out. Frankly, the more TECK drills and successfully expands the resource, the more they will have to spend to buy us out in my opinion.
There are macro issues at play here that need to be considered when commenting on the share price. All the juniors are suffering. We are in a position to weather the storm rather than be forced to sell our assets due to insolvency.
So with this lens, life is very good for the little fox that could. JMHO